UK proprietary trading firms offer some of the best terms and services on the market. From competitive fees, to renowned trading platforms such as MetaTrader 4, traders get the best of the bunch.
Not every prop firm that offers its services in the UK is based in the country. Since prop trading is subject to less regulatory scrutiny, international prop firms have an easier time of offering their services to advanced markets, such as the United Kingdom.
Some of the best prop firms that operate in the UK include:
However, this is an incomplete list of prop trading firms available in the UK, as there are dozens that offer their services in the country.
Timely and convenient payouts, educational content, and superior trading platforms are some of the reasons why traders choose UK prop trading firms.
Top 3 Prop Trading Firms In The UK
While there are numerous prop firms successfully operating in the UK, some stand out from the crowd thanks to superior service, attractive funding terms and permissive trading restrictions.
We can look at the services offered by three of the best-reviewed prop firms in UK below.
Our top rated prop
Trader5
Our rating
Licences:
N/A
Currencies:
EUR
Trading Platforms:
Custom
Year founded:
2024
Promo Code:
N/A
Min Account size:
10,000 EUR
Trader5 Forex is a relatively new reliable firm with a 90% profit split and fast payouts. Enjoy 78-day payouts and starting fee of less than 100 EUR.
Read ReviewRecommended
Blue Guardian
Our rating
Licences:
N/A
Currencies:
USD
Trading Platforms:
MT4
Year founded:
2019
Promo Code:
N/A
Min Account size:
10,000 USD
Blue Guardian offers $0 withdrawal fees, access to MetaTrader 4, no profit target after the audition, up to 85% profit split, and very low fees starting from $87.
Read ReviewFunded Trading Plus
Our rating
Licences:
N/A
Currencies:
USD
Trading Platforms:
MT4, MT5
Year founded:
2013
Promo Code:
N/A
Min Account size:
5,000 USD (229 USD on Instant funded account)
Funded Trading Plus Forex prop firm is a solid player in the space. The firm offers funding for Forex trading from 5,000 to 250,000 USD and a scaling plan up to 2,500,000 USD.
Read ReviewFundedbull – the best choice for UK prop traders
Widely regarded as one of the best prop trading firms in the world, Fundedbull, which is originally based in the Singapore, also offers its services to UK clients.
The firm comes with attractive terms, such as a 80% profit split and a maximum funding limit of $250k, which can be obtained through Fundedbull’s user-friendly scaling plan.
Traders can access a multitude of instruments, such as forex, commodities, crypto, real stocks, and indices.
The fees charged by Fundedbull are also quite competitive, with the most affordable audition starting at $49.
Overall, Fundedbull’s advanced safety features and a wide selection of instruments grants the prop firm a FirmFunded score of 4.03 out of 5.
Blue Guardian – affordable prop firm with great scaling
Blue Guardian is a prop trading firm that is based in the United Kingdom and offers UK traders the opportunity to obtain funding accounts up to $200,000, with an option to scale up to $2 million in maximum funding.
Blue Guardian offers one of the most affordable evaluation stages, with the cheapest funded account costing $87.
The firm offers MetaTrader 4 to its traders, and upholds a profit split agreement of 85%.
The maximum trailing drawdown at Blue Guardian is 8%, while the profit target is 4% for Phase 1 and 8% for Phase 2.
Thanks to a solid profit share and competitive fees, Blue Guardian gets a FirmFunded score of 3.95/5.
Sign up with Blue Guardian now
FTUK – the best prop firm based in the UK
FTUK is another UK-based prop trading firm that gives traders the opportunity to gain funding up to $90,000, with scaling options up to as much as $5 million.
Similarly to other top prop firms in the UK, FTUK also uses MetaTrader as its primary trading platform.
When it comes to trading terms and restrictions, FTUK upholds a profit target of 10% and a maximum trailing drawdown of 8%.
The profit split agreement at FTUK gives traders the ability to keep 80% of the generated profits.
Overall, FTUK;s terms and services give the firm a FirmFunded rating of 3.64/5.
Top Prop Trading Firms With GBP Accounts
Top prop trading firms in the UK offer GBP as a possible account currency. While the primary currency for most proprietary trading firms is the U.S. dollar, some firms, such as FTMO, also allow traders to hold their balance in the British pound.
FTMO is not the only prop firm that offers GBP accounts, with FTUK and The 5ers also allowing traders to hold accounts and execute trades in the currency.
Since GBP is a major currency, most prop trading firms that offer balances in multiple currencies will also offer the British pound to their clients.
All Prop Trading Firms Available For UK Traders
Most highly rated prop trading firms have access to the UK market and offer their services to UK-based traders.
Overall, some of the top-rated prop trading firms UK traders have access to include:
- FTUK – 3.64/5 FirmFunded score. 80% profit share. Maximum $5 million in funding through scaling. Minimum evaluation fee starts at $149 ($14,000 account). Forex, indices, commodities, and crypto trading available
- Finotive Funding – 3.35/5 FirmFunded score. Up to 95% profit share. Maximum possible funding of $3.2 million. Minimum audition fee starts at $50 ($2,500 account). Forex, indices, crypto, and commodities trading available
- SurgeTrader – 3.48/5 FirmFunded score. 90% profit share. Maximum possible funding of $1 million. Minimum audition fee starts at $200 ($25,000 account). Forex, indices, commodities, and crypto trading available
- Topstep – 3.13/5 FirmFunded score. 90% profit share. Maximum funding of $150,000 available. Minimum audition fee starts at $49 ($50,000 account). Only futures trading available
- Fidelcrest – 3.5/5 FirmFunded score. Profit share up to 90%. Maximum possible funding of $2 million. Minimum audition fee starts at EUR 99 ($15,000 account). Forex, indices, commodities and stocks available
- The 5ers – 3.58/5 FirmFunded score. Up to 90% profit share. Maximum $4 million in funding through scaling. Minimum evaluation fee of $39 ($5,000 account). Forex, stocks, and commodities trading available
- Bulenox – 3.52/5 FirmFunded score. 90% profit share. Maximum funding of $150,000 available. Minimum audition fee starts at $125 ($10,000 account). Forex, commodities, indices, and crypto trading available
- E8 Funding – 3.18/5 FirmFunded score. 80% profit share. Maximum funding of $300,000 available. Minimum evaluation fee starts at $138 ($25,000 account). Forex, crypto, indices, and commodities trading available
Traders should consider that this is not an exhaustive list, as dozens of prop firms have access to the UK market.
Head-to-Head Comparison Of Prop Trading Firms In The UK
We can view the head-to-head comparison of the best prop trading firms available in the UK in the table below:
Prop Firm | FTMO | Fidelcrest | Blue Guardian | FTUK | Bulenox | SurgeTrader |
---|---|---|---|---|---|---|
Year founded | 2015 | 2018 | 2017 | 2021 | 2022 | 2021 |
Minimum audition fee | USD 164 | EUR 99 | USD 87 | USD 149 | USD 125 | USD 200 |
Instruments | Forex, Indices, Commodities, Stocks, Crypto | Forex, Indices, Commodities, Stocks | Forex, Crypto, Indices, Commodities | Forex, Indices, Commodities, Crypto | Forex, Indices, Commodities, Crypto | Forex, Crypto, Commodities, Indices |
Minimum funded amount | $10,000 | $15,000 | $10,000 | $14,000 | $10,000 | $25,000 |
Scaling | Yes | Yes | Yes | Yes | Yes | Yes |
Maximum funded amount | $200,000 ($2 million via scaling) | $1 million ($2 million via scaling) | $200,000 ($2 million via scaling) | $90,000 ($5 million via scaling) | $150,000 | $1 million |
Allowed daily loss | 5% | 5-10% | 4% | N/A | 6% | 5% |
Profit target | 10% | 5-20% (Pro and Micro Accs) | 4-8% (1st and 2nd Phases) | 10% | 6% | 5-10%
(1-Phase and 2-Phase) |
Max trailing drawdown | 10% | 20% | 8% | 8% | 6% | 8% |
Profit share | 90% | 80-90% | 85% | 80% | 90% | 90% |
MetaTrader Available | Yes | Yes | Yes | Yes | Yes | Yes |
Safety | 5/5 | 3/5 | 3/5 | 1.5/5 | 1.5/5 | 3/5 |
Education | 5/5 | 2.8/5 | 2/5 | 0/5 | 3/5 | 2.8/5 |
Customer Support | 3.6/5 | 3.6/5 | 4/5 | 2.4/5 | 3/5 | 3.6/5 |
Rules and Limitations | 4.8/5 | 3.2/5 | 5/5 | 3.8/5 | 4/5 | 2.9/5 |
Fees | 2.5/5 | 4/5 | 4/5 | 5/5 | 4/5 | 2.5/5 |
Overall | 4.03/5 | 3.5/5 | 3.95/5 | 3.64/5 | 3.51/5 | 3.48/5 |
Action | Register | Register | Register | Register | Register | Register |
UK Prop Firms And Their Supported Languages
The best prop firms in the UK offer their websites and platforms in multiple languages for international traders. The prop firms in the UK are also available in over 100 other countries around the world and support multiple languages on their official websites.
Some prop firms also have a multilingual customer support suite which enables international traders to get in touch with real customer representatives in their native language.
English | Spanish | French | |
---|---|---|---|
FTMO | |||
FTUK | |||
SurgeTrader | |||
Bulenox | |||
Fidelcrest | |||
Blue Guardian |
Does The FCA Oversee Prop Trading Companies In The UK?
While the FCA is the primary regulatory body overseeing financial instruments and trading in the United Kingdom, it offers little to no regulations when it comes to prop trading. Proprietary trading does not require numerous licenses and bureaucratic hoops and opening a prop trading service is relatively simple.
However, advanced prop trading firms, such as FTMO, offer added security measures and have licenses in place to ensure clients of their legitimacy and trustworthiness.
While there have been numerous talks about possible regulations coming to the prop trading market, concrete steps have not been taken in the UK.
Overall, proprietary trading is one of the least regulated financial markets in the world, which can have its benefits, as well as challenges and safety concerns among traders.
FAQ On The Best UK Prop Trading Firms
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